The energy trading company ane.energy, based in northern Germany, has chosen the Previse Coral ETRM platform as the core application to support trading activities and ensure robust infrastructure scalability for future growth.
ane.energy – the only direct marketer of German wind power entirely owned by electricity producers – is renowned for its out-of-the-box thinking, innovative product ideas and high affinity for efficient digitalisation.
Previse Coral will be initially deployed to comprehensively manage ane.energy’s portfolio of long-term power purchase agreement (PPAs). In a next step, the plan is also to migrate short-term power trading as well as the guarantees of origin (GoO) portfolio into the system.
ane.energy sees the open App Framework / SDK as an important differentiator that will facilitate the swift deployment of proprietary functional elements – in a first step, it is planned to adjust existing interfaces as connectors to Previse Coral in the form of Apps.
”The last two years we have seen a rapidly growing demand of our green long and mid-term PPAs, both physical and financial, in the market”, said Ralf Höper, managing director at ane.energy. “Hence, we decided to establish an ETRM system that fulfils our ambitious needs in managing the embedded risks and gain additional portfolio value from actively optimising the dynamic hedging-positions. We are confident, that the Previse Coral tech-stack in combination with the flexible infrastructure is the best fundament to support our future activities.”
“I am very proud of another innovative and technology-driven company with a strong focus on renewable energy choosing Previse Systems”, Asbjørn Hansen, Managing Director at Previse Systems, said.
“The ane.energy team has an agile and dynamic mindset very similar to our own, and I am sure our partnership will help facilitate the green energy transition. Being able to accurately model renewable assets, manage GoO and PPA contracts and at the same time provide scalable solutions for high frequency trading are all key elements for ane.energy – and core competencies of our software.
We look forward to the collaboration and to becoming a supporting element for the continuing success of ane.energy!”